The Rates Regarding Delay Interest, Default Interest and Penitence Interest have been Amended
Through the promulgation of Presidential Decision No. 7782 (Decision), published in the Official Gazette dated 14th November 2023 and No. 32369, the delay interest rate, regulated under Article 51/1 of Law No. 6183 on the Procedure for Collection of Public Receivables, has been determined as 3.5% per month.
Accordingly, the default interest and penitence interest rates will be also applied as 3.5% per month.
The Decision enters into force on the date of its publication.
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